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US dollar correction

Hello traders,
Today I was waiting for the big movements after the strong data in the morning.
We saw that USD depreciated a little bit but after the strong uptrend this probably is a small correction.
The big losers last week were the Turkish Lyra and the Canadian dollar.
Today they made significant correction so I am using this opportunity to return back to trend for GBP/CAD up and USD/TRY up
Let us hope this is not a downtrend starter which is possible but usually not in Mondays
Good luck to …
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BEFore weekend

Ending the weekend is a very difficult task. You never now what surprise is waiting at the corner. After the big drop and the new uptrend EURO will maybe continue to go up. The big question now is when will be the correction and how big it will be! I already tried to enter for correction and as always happens it was wrong timing before the jump up of 50 pips and got stoploss. Entering until the end of the day will be pure gambling, so I will continue next week. Good luck all and trade carefully!…
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I forgot to mention that I am counting to return my loss by the TRY it has big potentials now!

Alexana5 avatar
Alexana5 17 oct

Good luck to you!

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